Madison Square Garden Entertainment (MSGE) Provides Update on Potential Spin-Off Transaction

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Go back to Madison Square Garden Entertainment (MSGE) Provides Update on Potential Spin-Off Transaction

Madison Square Garden Entertainment Corp. Provides Update on Potential Spin-Off Transaction

December 6, 2022 4:30 PM EST

Company Now Exploring Spin-off of Live Entertainment Business from MSG Sphere, MSG Networks and Tao Group Hospitality Businesses

NEW YORK--(BUSINESS WIRE)-- Madison Square Garden Entertainment Corp. (NYSE: MSGE) (MSG Entertainment) today announced that its board of directors has approved a revised plan for the proposed separation of the Companys businesses. The Company is now exploring a potential spin-off of its traditional live entertainment business, which includes a diverse collection of performance venues, entertainment and sports bookings and the Christmas Spectacular production. The proposed... More